Having sold my house in Hoylake last June yet the purchaser is telephoning daily to moan that his solicitor needs to hear from mine. What should have happened following completion?
Post completion of your house sale your solicitor should send the transfer documentation and all of the paperwork to the buyer’s lawyers. Where appropriate, your conveyancer must also confirm that the legal charge in favour of the lender has been paid off to the purchasers solicitors. There is unlikely to be post completion tasks specific conveyancing in Hoylake.
Various internet forums that I have visited warn that are the main cause of delay in Hoylake house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays in the conveyancing process. Local searches are not likely to be the root cause of delay in conveyancing in Hoylake.
How does conveyancing in Hoylake differ for newly converted properties?
Most buyers of new build or newly converted property in Hoylake approach us having been asked by the builder to exchange contracts and commit to the purchase even before the house is completed. This is because house builders in Hoylake typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Hoylake or who has acted in the same development.
I decided to have a survey done on a property in Hoylake ahead of retaining solicitors. I have been informed that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies will refuse to grant a loan on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Hoylake. Conveyancing will be smoother if you use a solicitor in Hoylake especially if they are acquainted with such properties in Hoylake.
My father has suggested that I appoint his conveyancing solicitors in Hoylake. Should I use them?
Much as we are happy to recommend a Hoylake conveyancing lawyer the best way to find a conveyancing practitioner is to seek guidance from friends or relatives who have previously instructed the solicitor you're are thinking of instructing.